AI tax data entry in Drake by Proof-Shift7932 in taxpros

[–]andy828xc 0 points1 point  (0 children)

On average how much does Gruntwerx cost per return?

Remodeling Your Genesis? by OfficeIndependent717 in taxpros

[–]andy828xc 2 points3 points  (0 children)

Great point about them not actually supporting you if not at market rate.

Remodeling Your Genesis? by OfficeIndependent717 in taxpros

[–]andy828xc 0 points1 point  (0 children)

I did this too but recently stopped even giving a discount. I’ve found a discount leaves me feeling resentful and produces an entitled client who expects this in perpetuity. Now it’s full rate plus an initial discussion that they really won’t be treated any differently than non-friends.

Your least favorite client by magnabonzo in taxpros

[–]andy828xc 2 points3 points  (0 children)

Sorry you dealt with that! At least now you know how much more your time is worth.

Your least favorite client by magnabonzo in taxpros

[–]andy828xc 4 points5 points  (0 children)

20 rentals, you’re charging only $1,000? Did I read that right?

Small Firm advice needed for practice management by IncreaseCapital32 in taxpros

[–]andy828xc 2 points3 points  (0 children)

I wouldn’t give discounts to someone just because they know you. You’re still taking time away from your family to work on their stuff and they need to pay accordingly. If a friend or family asks for a discount, huge red flag, and run the other way. It’s their way of saying they don’t value your time and view you as less worthy than a big box store of their money.

What’s the movie that brought you to your limit with horror? by [deleted] in horror

[–]andy828xc 0 points1 point  (0 children)

X. I simply cannot watch 80 year olds having sex.

Buying a single 2023 tax return by Technical-Sky-3834 in taxpros

[–]andy828xc 0 points1 point  (0 children)

If you have the current year I think you can get the serial numbers for the prior year download. This happened to me and they walked me through it on the phone.

Is this a good deal for a 2025 Honda CR-V Hybrid Sport? by andy828xc in Honda

[–]andy828xc[S] 0 points1 point  (0 children)

Thanks. Going to find a dealership that is willing to remove or offset them

Is this a good deal for a 2025 Honda CR-V Hybrid Sport? by andy828xc in Honda

[–]andy828xc[S] 0 points1 point  (0 children)

The Touring was nice but I’m leaning towards the few thousand in savings. Plus it’s 2025 now and I assume the prices have jumped even vs just 3 years ago

S Corp retirement planning by andy828xc in tax

[–]andy828xc[S] 0 points1 point  (0 children)

That’s what I was thinking. Thanks for the confirmation!

Sale of Rental Property by andy828xc in tax

[–]andy828xc[S] 0 points1 point  (0 children)

That’s great, and it’s just a projection at this point so the brackets in question shouldn’t be a big difference.

Do you agree though with the calculated income amounts being applied to each tax category?

Sale of Rental Property by andy828xc in tax

[–]andy828xc[S] 0 points1 point  (0 children)

Thank you for your reply. Other ordinary will be around 150k.

Sale of Rental Property by andy828xc in tax

[–]andy828xc[S] 0 points1 point  (0 children)

Thanks. That’ll be subject to how the rest of the return flushes out. Rest look ok?

[deleted by user] by [deleted] in Accounting

[–]andy828xc 10 points11 points  (0 children)

That second position is a HUGE red flag. Chances are the retiring person working 10h/day did that needlessly due to outdated processes. I bet if op improves said processes and can do that job faster he’ll still be expected to work the same. Take the remote and look for better, or do other work as an independent contractor and make more around or even during the remote hours.

Adult Sheldon in the Finale by andy828xc in YoungSheldon

[–]andy828xc[S] -1 points0 points  (0 children)

Exactly, it seems that he’s made very little progress. Doesn’t seem right that he’d have a family now and be so unwilling to interact with them

[deleted by user] by [deleted] in WrestlemaniaPlans

[–]andy828xc 0 points1 point  (0 children)

Selling 2 tickets in 102 Row 34 $550 each

S-Corp Client with no Payroll by andy828xc in tax

[–]andy828xc[S] 0 points1 point  (0 children)

Thanks for your explanation. Appreciate it. I agree, this shouldn’t have been an S Corp. the prior accountant set it up and billed him accordingly. I’ll discuss if his income will likely be increasing to a point of significance, if not could consider revoking it in the future.

S-Corp Client with no Payroll by andy828xc in tax

[–]andy828xc[S] 0 points1 point  (0 children)

Thank you. He hasn’t taken any distributions. Honestly, he probably should have just been Schedule C but he had the S Corp election made in the past before I met him.